Contact Us
China Reduces Personal Income Tax for Parents of Children under 3March 29, 2022
BEIJING, March 28 (Xinhua) — China has announced tax-relief policies for parents rearing children under 3 years old, according to a State Council circular issued on Monday. Starting Jan. 1, 2022, the individual taxable income of such parents can be reduced by a total of 1,000 yuan (157 U.S. dollars) per month for each baby, said the circular. The deduction can be applied in full by one parent or can be split evenly, added the circular. The policy is the implementation of a decision on improving birth policies to promote long-term and balanced population development, which was adopted by the Communist Party of China Central Committee and the State Council in July.
(Source: Xinhua) 32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn. CommentsMagazinesProjects
Photos
Special Coverage |
Rangers option rookie Jack Leiter 1 day after he allowed 7 runs in his major league debutExperts on Taylor Swift’s poetry in ‘The Tortured Poets Department'Bilbao and Granada left wanting more in tightCollin Morikawa part of 4Man who won primary election while charged with murder convicted on lesser chargeTory Susan Hall closes the gap on Sadiq Khan with a fortnight until London mayoral electionIdaho group explores ballot initiative for abortion rights, reproductive careRangers option rookie Jack Leiter 1 day after he allowed 7 runs in his major league debutJameson Taillon comes off the injured list and pitches Cubs to 8Lottery 'loser' boyfriend, 39, who is fighting his ex